https://www.taxtmi.com/caselaws?id=105056 The Supreme Court affirmed the validity of Act 25 of 1988 with retrospective effect, upholding the Andhra Pradesh State Legislature's competence to enact it. The Court found the retrospective levy not oppressive or unreasonable, dismissing claims of discrimination between local and imported goods. Regarding the interpretation of the tax rate on a specific transaction, the Court advised appellants to raise their contentions during assessment proceedings. The appeals were dismissed, allowing appellants to present their case before the relevant authorities as per the Court's guidance. en-us Thu, 02 Mar 2000 00:00:00 +0530 Thu, 08 Oct 2015 18:17:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=105056 The Supreme Court affirmed the validity of Act 25 of 1988 with retrospective effect, upholding the Andhra Pradesh State Legislature's competence to enact it. The Court found the retrospective levy not oppressive or unreasonable, dismissing claims of discrimination between local and imported goods. Regarding the interpretation of the tax rate on a specific transaction, the Court advised appellants to raise their contentions during assessment proceedings. The appeals were dismissed, allowing appellants to present their case before the relevant authorities as per the Court's guidance. Case-Laws VAT and Sales Tax Thu, 02 Mar 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=105056